However, some people prefer paper bank statements so that they can keep this document in their files and use it when needed.īasically, it is the standard method of banks to provide an overview of all the transactions. Mostly bank sends this statement via email in the form of a written document. The statement includes the transactions such as deposits, withdrawals, debit, and credit. From your bank or other financial institutions, you can get a bank statement template. 13 How can you differentiate between a bank statement and a transaction history?Ī bank statement is a summary of financial transactions that have happened over a particular period of time.12 Should a bank send their clients a monthly statement?.9 The advantages of the bank statement:.7 How to reconcile your bank statements?.
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